15 Michaelwood Close

    15, MICHAELWOOD CLOSE, REDDITCH, B97 5YB

    This terraced leasehold property on Michaelwood Close last sold in March 1999 for £47,950. Based on price growth in the B97 district since then, its estimated current value is £184,365 — placing it in the 20th percentile nationally and the 14th percentile within B97. The property covers 56 m² (603 sq ft), giving an estimated value of £3,292 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    56 m²

    (603 sq ft)

    Last Sale Price

    £47,950

    Mar 1999

    Estimated Valuation

    £184,365

    Est. £/m²

    £3,292/m²

    £306/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area56 m² (603 sq ft)
    EPC dateOct 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Mar 1999

    £47,950

    Key Metrics

    Estimated valuation£184,365
    Value per m² / sq ft£3,292/m² (£306/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile14th percentile
    National percentile20th percentile

    District Context — B97

    B97 covers Redditch and surrounding areas in the North Worcestershire belt, positioned between Birmingham and the wider West Midlands region. It is a established residential district with a mixed residential and employment base, appealing primarily to families and commuters seeking more affordable alternatives to urban centres.

    Average Property Price - B97

    £296,070

    41

    National percentile

    Average Net Household Income - B97

    £38,312

    51

    National percentile

    10-Year Annualised Price Growth - B97

    3.7%

    57

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B97

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